The Graveyard › Banks › 1987

Central Bank & Trust Company

Glenmora · assisted February 26, 1987 · FDIC certificate 19331

Central Bank & Trust Company of Glenmora was given assistance by the FDIC on February 26, 1987. The FDIC's list records an assistance transaction, not a closing. It opened on January 2, 1965, 22 years before. At its last report before that it held $20.6 million in assets and $24.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $31.3 million. The FDIC estimates that the FDIC's insurance fund lost $10,634 on it.

1984-031986-12

Assets at the end$20.6 millionlast report before February 26, 1987

Deposits at the end$24.7 million

Estimated loss to the fund$10,634FDIC

Largest in the quarterly reports$31.3 millionJune 30, 1985

Equity to assets-20.6%December 31, 1986

Loans not being repaid2.3%noncurrent, December 31, 1986

Return on assets-19.07%a year's rate, December 31, 1986

Staff40full time, December 31, 1986

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Also ended in 1987

Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
Freedom S&LA · Tampa, FL · $1.9 billion in assets
Vernon S&LA · Vernon, TX · $1.3 billion in assets
Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
Independent American SA · Irving, TX · $1.0 billion in assets
First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.